Imports of goods and services (BoP, current US$) in Namibia
Namibia: Imports of goods and services (BoP, current US$) was 9.24 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods and services in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods and services in Namibia stood at 9.24 billion BoP, current US$. That is the highest value across all 35 years on record.
The figure is up 8.5% on the previous year and up 20.9% over ten years.
Over the whole period, imports of goods and services in Namibia peaked at 9.24 billion BoP, current US$ in 2024 and was at its lowest, 1.51 billion BoP, current US$, in 2002.
That places Namibia 126th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Namibia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1990 | 1.58 billion BoP, current US$ | — |
| 1991 | 1.69 billion BoP, current US$ | +6.7% |
| 1992 | 1.90 billion BoP, current US$ | +12.4% |
| 1993 | 1.82 billion BoP, current US$ | -4.2% |
| 1994 | 1.87 billion BoP, current US$ | +3.0% |
| 1995 | 2.10 billion BoP, current US$ | +12.0% |
| 1996 | 2.11 billion BoP, current US$ | +0.6% |
| 1997 | 2.15 billion BoP, current US$ | +1.7% |
| 1998 | 1.91 billion BoP, current US$ | -11.2% |
| 1999 | 1.83 billion BoP, current US$ | -3.9% |
| 2000 | 1.63 billion BoP, current US$ | -11.1% |
| 2001 | 1.62 billion BoP, current US$ | -0.6% |
| 2002 | 1.51 billion BoP, current US$ | -6.6% |
| 2003 | 2.00 billion BoP, current US$ | +32.2% |
| 2004 | 2.53 billion BoP, current US$ | +26.4% |
| 2005 | 2.69 billion BoP, current US$ | +6.3% |
| 2006 | 2.98 billion BoP, current US$ | +10.7% |
| 2007 | 3.61 billion BoP, current US$ | +21.3% |
| 2008 | 4.69 billion BoP, current US$ | +29.9% |
| 2009 | 5.01 billion BoP, current US$ | +6.8% |
| 2010 | 5.92 billion BoP, current US$ | +18.2% |
| 2011 | 6.22 billion BoP, current US$ | +5.1% |
| 2012 | 7.05 billion BoP, current US$ | +13.2% |
| 2013 | 6.85 billion BoP, current US$ | -2.8% |
| 2014 | 7.64 billion BoP, current US$ | +11.6% |
| 2015 | 7.03 billion BoP, current US$ | -8.0% |
| 2016 | 6.30 billion BoP, current US$ | -10.4% |
| 2017 | 6.17 billion BoP, current US$ | -2.0% |
| 2018 | 6.35 billion BoP, current US$ | +2.9% |
| 2019 | 5.81 billion BoP, current US$ | -8.5% |
| 2020 | 4.89 billion BoP, current US$ | -15.9% |
| 2021 | 6.47 billion BoP, current US$ | +32.4% |
| 2022 | 7.43 billion BoP, current US$ | +14.9% |
| 2023 | 8.52 billion BoP, current US$ | +14.7% |
| 2024 | 9.24 billion BoP, current US$ | +8.5% |
Namibia compared with similar countries
- Namibia's 9.24 billion BoP, current US$ is below the median for lower middle income countries, which is 11.62 billion BoP, current US$, 80% of the median. (47 countries reporting)
- Namibia's 9.24 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 6.19 billion BoP, current US$, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.90 billion BoP, current US$ | 1.58 billion BoP, current US$ | 2.15 billion BoP, current US$ | 10 |
| 2000s | 2.83 billion BoP, current US$ | 1.51 billion BoP, current US$ | 5.01 billion BoP, current US$ | 10 |
| 2010s | 6.53 billion BoP, current US$ | 5.81 billion BoP, current US$ | 7.64 billion BoP, current US$ | 10 |
| 2020s | 7.31 billion BoP, current US$ | 4.89 billion BoP, current US$ | 9.24 billion BoP, current US$ | 5 |
Countries ranked near Namibia
- 123 Trinidad and Tobago 9.60 billion BoP, current US$ compare
- 124 Kosovo 9.60 billion BoP, current US$ compare
- 124 Kosovo (UNSCR 1244) 9.60 billion BoP, current US$ compare
- 127 Palestine 9.23 billion BoP, current US$ compare
- 128 Mauritius 8.63 billion BoP, current US$ compare
- 129 Tajikistan 8.59 billion BoP, current US$ compare
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0217 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Namibia?
- Imports of goods and services in Namibia was 9.24 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Namibia?
- The highest recorded value was 9.24 billion BoP, current US$ in 2024.
- What is the lowest imports of goods and services recorded in Namibia?
- The lowest recorded value was 1.51 billion BoP, current US$ in 2002.
- How does Namibia rank for imports of goods and services?
- Namibia ranks 126th out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Namibia?
- Over the last ten years it is up 20.9%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.